The 27-year-old world number 33 trying to find his feet in the US, finished his 36 holes at one-under 143, but the cut fell at four-under 140. Lahiri shot two-over 74 on the first day.
"But it has been a great learning experience as I prepare for various challenges on the PGA Tour," said Lahiri, who has been getting a lot of attention and media exposure on the PGA Tour.
Another three pars meant he was one-under for 12 holes after which he birdied the 13th and 15th and parred the 14th in between to go to three-under with three holes left.
He bogeyed for the first time in the day at par-three 16th and then quickly got back that with a birdie on 17th and parred the closing hole for a well-played 69.
Meanwhile at the top, Andrew Putnam made a late charge to move past three-time Masters champion Phil Mickelson and take a one-shot lead at the halfway stage.
Mickelson, who won the event in 2011, shot 67 for a share of second place at 133. Another late finisher, qualifier Austin Cook, matched Putnam with a 65 to tie Mickelson. Graham DeLaet (67) and Luke Guthrie (68) were tied for fourth at 134.
Six players are in the next group, another shot back, including 21-year-old Jordan Spieth -- who came in at a career-best number four 4 in the World Golf Ranking. Spieth, who had a win and a second place in his two previous starts, shot a 66.
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